517 Elizabeth Street, Key West, FL 33040 (MLS# 616104)

517 Elizabeth Street, Key West, FL 33040

$3,750,000

Virtual Tour

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Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 2,173 Lot Size (sq. ft.): 5,254 Status: Closed

Current Price: $3,750,000 List Date: 8/10/2025 Last Modified: 10/20/2025

Overview

Description

Welcome to 517 Elizabeth Street, located in one of the most prestigious neighborhoods on the island, and in the heart of Old Town Key West. This 4 bedroom, 4 bathroom home offers the perfect combination of Key West charm and tropical living. Just two blocks from the famous Duval Street, and three blocks from Historic Seaport, this home is in prime walking distance to endless opportunities. The first floor consists of a mixed-use office space accompanied by an expansive master bedroom equipped with a spacious walk-in closet and a newly renovated en suite, double vanity bathroom. The beautiful kitchen flows into an open floor plan with an additional ½ bath, living room, and dining room. Multiple sets of sliding glass doors lead out to an outdoor living area and pool complete with a waterfall. Completely redesigned by Craig Reynolds, the backyard lends a quiet escape with lush foliage providing 360° of privacy, and a secluded outdoor shower for rinsing off the salty Key West air. The se ... (Read more)

Listing Details MLS# 616104

Location, Tax & Legal

Street #: 517
Street Name: Elizabeth
Street Suffix: Street
Key/Island: Key West
State/Province: FL
Zip Code: 33040
County: Monroe
Subdivision: Old Town - Unlisted (1.0)
Area: 02 - Key West
KW Neighborhood: Old Town-N of Truman
City: KEY WEST
Off Shore Island: No
Mile Marker: 1
Marathon Neighborhood: N/A
Side: Median
Flood Zone: X
Alternate Key #: 1009067
Parcel #: 00008800-000000
Zoning: HMDR - Historic Medium Density Residential
Deed Restrictions: Unknown
Legal: KW PT LT 3 SQR 48 OR11-178/79 OR2553-1792/93 OR2559-750/53 OR2563-1611/13 OR2566-1086/87 OR2566-1088/91 OR2630-155/56 OR
Taxes: 23693.1
Tax Year: 2024
Pub Sewer HkUp: Yes

Contract Information

Listing Board: Key West Association

General Property Description

Realtor.COM Type: Residential - Single Family
Style: Single Family
Waterfront: No
Pool: Yes
Year Built: 1953
Lot SqFt: 5254
Lot Sqft Source: Property Data Card
Acres: 0.12
Living Apx SqFt: 2173
SqFt Source: Property Data Card
Total Bedrooms: 4
Full Baths: 2
Half Baths: 2
Total Baths: 4
Rentals Allowed: With Restrictions
Min Rental Days: 28
Control Depth: 0
Total Units: 0

Status Change Info

Sold Date: 2025-10-20

Association Info

Mandatory Home Owners Asc: No
1st Right of Refusal: No
Association Fee $: 0

License Info

Transient Rntl Licns: No

More Information

Building Style

Above Flood: Yes
Stories: 2 Stories
A-Frame: Yes

Pool Info

Heated: Yes
In Ground: Yes
Salt Water: Yes
Concrete: Yes

Remarks & Misc

Remarks – Consumer: Welcome to 517 Elizabeth Street, located in one of the most prestigious neighborhoods on the island, and in the heart of Old Town Key West. This 4 bedroom, 4 bathroom home offers the perfect combination of Key West charm and tropical living. Just two blocks from the famous Duval Street, and three blocks from Historic Seaport, this home is in prime walking distance to endless opportunities. The first floor consists of a mixed-use office space accompanied by an expansive master bedroom equipped with a spacious walk-in closet and a newly renovated en suite, double vanity bathroom. The beautiful kitchen flows into an open floor plan with an additional ½ bath, living room, and dining room. Multiple sets of sliding glass doors lead out to an outdoor living area and pool complete with a waterfall. Completely redesigned by Craig Reynolds, the backyard lends a quiet escape with lush foliage providing 360° of privacy, and a secluded outdoor shower for rinsing off the salty Key West air. The second floor boasts 3 bedrooms, 1 ½ baths, and a large street- facing balcony, making it perfect to host family and friends. Other notable features: Off-street parking, large enough to fit both a car and golf cart. This home is located in X flood zone. Call for your private showing today!

Fee Includes

None: Yes

Dockage

None: Yes

Tax Exemptions

None: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Freezer: Yes
Microwave: Yes
Oven: Yes
Refrigerator: Yes
Washer: Yes

Pets

Pets Allowed: Yes

Cooling

Ceiling Fans(s): Yes
Central Air: Yes

Heating

Central: Yes

Waterfront

None: Yes

Waterview

No Waterview: Yes

Floor

Combo: Yes
Tile: Yes
Vinyl: Yes
Wood: Yes

Interior Features

Built-in Cabinets: Yes
Dade County Pine: Yes
Fire Sprinkler: Yes
Pantry: Yes
Smoke Alarms: Yes
Storage: Yes
Walk-in Closet(s): Yes

Property Condition

Updated/Remodeled: Yes

Specialty Rooms

Laundry Room: Yes

Windows/Doors

Impact Rstnce Doors: Yes
Other Windows/Doors: Yes
Sliding Glass Doors: Yes

Vehicle Storage

Off Street Parking: Yes

Construction

Frame: Yes

Land Size

Less Than 1/4 Acre: Yes

Furnished

Negotiable: Yes

Terms

Cash: Yes
Conventional: Yes
FHA: Yes
VA: Yes

Utilities

Buyer to Verify: Yes
FKAA: Yes
Municipal Sewer: Yes

Porch/Balcony

Open Porch/Balcony: Yes
Patio: Yes

Title

Negotiable: Yes

Exterior Features

Fencing: Yes
Outdoor Shower: Yes
Privacy Wall/Fence: Yes
Water Display: Yes

Roof

Metal Roof: Yes

Shutters

Panel: Yes

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: None Waterview: No Waterview Dockage: None Property Condition: Updated/Remodeled Building Style: A-Frame Vehicle Storage: Off Street Parking Furnished: Negotiable Cooling: Ceiling Fans(s); Central Air Heating: Central Utilities: Buyer to Verify; FKAA; Municipal Sewer Interior Features: Built-in Cabinets; Dade County Pine; Fire Sprinkler; Pantry; Smoke Alarms; Storage; Walk-in Closet(s) Specialty Rooms: Laundry Room Appliances: Dishwasher; Disposal; Dryer; Freezer; Microwave; Oven; Refrigerator; Washer Exterior Features: Fencing; Outdoor Shower; Privacy Wall/Fence; Water Display Pool Info: In Ground; Salt Water; Concrete Construction: Frame Shutters: Panel Floor: Combo; Tile; Vinyl; Wood Roof: Metal Roof Pets: Pets Allowed Land Size: Less Than 1/4 Acre Terms: Cash; Conventional; FHA; VA Title: Negotiable

Listing Office: Expert Realty LLC (HQ)

Last Updated: October - 20 - 2025

The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.